L&T Finance

    LTF
    NBFC
    ₹309.10
    price as of 11/9/2026, 5:28:15 pm

    Market cap ₹77,471 Cr

    P/E
    24.40
    Day range
    ₹302.70 – ₹311.55
    52-week range
    ₹233.51 – ₹338.60
    Volume
    39.54 L
    Open
    ₹307.15
    Prev close
    ₹311.30
    Promoters pledged 1.7% of their shares
    52-week range, adjusted for splits and bonuses
    ₹231.6₹338.6
    10 Sept 20257 Jul 2026
    Index membership & F&O
    NIFTY 200NIFTY 500NIFTY MIDCAP 150F&O lot 2,250

    Price history

    6M change +15.92%RSI (14) 45.8 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 38.3% today vs 41.5% average · BSE close ₹309.5

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹240₹270₹300₹330₹3600%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Short build-up
    Near-month future
    ₹310.75
    Change
    -0.34%
    Basis over spot
    +₹1.63
    Futures OI (shares)
    4.79 Cr
    OI change
    +1.60%
    Put-call ratio
    0.96
    Max pain
    ₹315
    Resistance (call OI)
    ₹330
    Support (put OI)
    ₹315
    Lot size
    2,250

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    27028029030031032033034035036038008.5 L17.0 L25.5 L34.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    ROE (FY26)
    11.1%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +11.9%
    Profit 3Y CAGR
    +24.8%
    Revenue YoY (Jun 2026)
    +22.4%
    Profit YoY (Jun 2026)
    +30.7%
    Net margin
    17.6%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr1.5K Cr3.0K Cr4.5K Cr6.0K Cr
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • Public
    • FII

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-17.0KCr-8.5K Cr0 Cr8.5K Cr17.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%5%10%15%20%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr30.0K Cr60.0K Cr90.0K Cr1.2L Cr0.0x2.0x4.0x6.0x8.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Revenue3,2143,5343,6703,7844,0194,0984,0234,2604,3364,5784,7715,213
    Interest1,3251,3531,3351,3511,4761,5691,6001,6361,6341,7031,7471,970
    Expenses1,3311,3751,6191,4821,5751,6761,5811,6401,6621,8001,8901,974
    Financing Profit5578067169509688538429841,0401,0751,1341,269
    Financing Margin %17%23%20%25%24%21%21%23%24%23%24%24%
    Other Income268476058400-25030
    Depreciation282928283336414151586063
    Profit before tax7978246949229408248069439899921,0741,236
    Tax %25%22%20%26%26%24%21%26%26%26%25%26%
    Net Profit594639553685697626636701735738809916
    EPS in Rs₹2.40₹2.57₹2.23₹2.75₹2.79₹2.51₹2.55₹2.81₹2.94₹2.95₹3.22₹3.60

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    L&T Finance Ltd. is a NBFC, offering a range of financial products and services. [1] Company has filed requisite application for necessary registration as Systemically Important Non- Deposit Accepting Core Investment Company (NBFC-CIC) [2]

    Strengths

    • Company has delivered good profit growth of 32.4% CAGR over last 5 years
    • Company has been maintaining a healthy dividend payout of 25.3%

    Risks

    • Stock is trading at 2.77 times its book value
    • Company has low interest coverage ratio.
    • The company has delivered a poor sales growth of 6.05% over past five years.
    • Company has a low return on equity of 10.8% over last 3 years.
    • Company might be capitalizing the interest cost

    Compounded Sales Growth

    10 Years
    +9%
    5 Years
    +6%
    3 Years
    +12%
    TTM
    +15%

    Compounded Profit Growth

    10 Years
    +13%
    5 Years
    +32%
    3 Years
    +256%
    TTM
    +20%

    Stock Price CAGR

    10 Years
    +14%
    5 Years
    +30%
    3 Years
    +35%
    1 Year
    +32%

    Return on Equity

    10 Years
    +9%
    5 Years
    +8%
    3 Years
    +11%
    Last Year
    +11%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter66.10%66.03%65.99%65.96%-0.03 pp
    FII6.40%6.66%7.64%7.71%+0.07 pp
    DII14.33%15.33%14.91%14.90%-0.01 pp
    Public13.15%11.99%11.48%11.45%-0.03 pp

    Filed with NSE for Jun 2026: promoters 65.96%, public 34.04% · XBRL filing

    Analysts & fund holdings

    75%
    75% recommend buy
    20 analysts cover the stock
    Valuation vs Consumer Finance
    P/E24.4 vs 16.6
    Sector P/B2.14
    Beta1.93

    Who holds the shares, quarter by quarter

    Mutual funds 11.56% (+0.02 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters66.0%
    • Foreign institutions7.7%
    • Mutual funds11.6%
    • Insurance3.2%
    • Other domestic institutions0.1%
    • Retail7.1%
    • Others4.3%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Kotak Mid Cap Fund2.48%2.85%+0.80 pp
    Motilal Oswal Midcap Fund1.38%2.55%-0.06 pp
    Invesco India Midcap Fund0.76%3.81%-0.20 pp
    Mirae Asset Midcap Fund0.49%1.86%-0.11 pp
    DSP Midcap Fund0.45%1.73%+0.09 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Low
    Profitability
    Avg
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹2.75

      Dividend - Rs 2.75 Per Share

      22 May 2026
      ex-date
    • dividend
      ₹2.75

      Dividend - Rs 2.75 Per Share

      27 May 2025
      ex-date
    • dividend
      ₹2.50

      Dividend - Rs 2.50 Per Share

      18 Jun 2024
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      21 Jul 2023
      ex-date
    • dividend
      ₹0.50

      Dividend - Rs 0.50 Per Share

      1 Jul 2022
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      19 Jul 2021
      ex-date
    • rights
      Not available — not reported in this filing

      Rights 17:74@ Premium Rs 55 Per Share

      21 Jan 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      20 Jul 2020
      ex-date
    • dividend
      ₹0.90

      Interim Dividend - Rs 0.90 Per Share

      26 Mar 2020
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 1 Per Share

      19 Jul 2019
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend- Re 1 Per Share

      20 Aug 2018
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 0.80 Per Share

      18 Aug 2017
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/ Dividend - Re 0.80/- Per Share

      12 Aug 2016
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/ Dividend - Re 0.80/- Per Share

      1 Sept 2015
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting / Dividend - Re 0.75/- Per Share

      18 Jul 2014
      ex-date
    • dividend
      ₹0.75

      Annual Generalmeeting / Dividend Rs.0.75 Per Equity Share

      26 Jul 2013
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      3 Aug 2012
      ex-date

    Bulk & block deals

    Large deals reported to NSE in this stock
    DateClientTypeQuantityPrice
    1 Sept 2026—Short sale99,000—

    Deals of more than 0.5% of shares (bulk), large single trades (block) and short sales, as NSE reports them.

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Please find the enclosed intimation for the captioned subject.

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    Please find enclosed intimation regarding the captioned subject.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find attached intimation for Investors/Analyst Meet.

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment

    Please find enclosed intimation regarding allotment of Non-Convertible Debentures on a private placement basis

    Company Update
    Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

    Please find enclosed regarding intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    Please find enclosed intimation regarding captioned subject

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find attached the intimation for Analyst/ Investors Meet.

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment

    Please find enclosed intimation regarding allotment of Non- Convertible Debentures on a private placement basis

    Company Update
    Announcement under Regulation 30 (LODR)-Issue of Securities

    Please find attached the intimation in respect of Allotment of NCD.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find attached the intimation for Analyst Meet scheduled on August 17, 2026

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    Please find enclosed intimation regarding ESG rating received from NSE Sustainability Ratings & Analytics Ltd.

    Company Update
    Appointment Of Whole-Time Directors Pursuant To Approval Received From Reserve Bank Of India.

    Please find enclosed the intimation regarding appointment of Whole-time Directors pursuant to approval received from Reserve Bank of India.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find attached the intimation of Analyst meet scheduled to be held on August 13 and August 14, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    Please find enclosed intimation regarding the captioned subject

    Filed with BSE (scrip 533519); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.